Last list price
601 La Mancha Dr Edinburg, TX 78541
--
Bed
--
Bath
3,808
Sq Ft
0.3
Acres
Highlights
- Mature Trees
- No HOA
- Walk-In Closet
- High Ceiling
- Built-In Features
- Slab Porch or Patio
About This Home
As of December 2021Wonderful opportunity to invest in Edinburg, a well kept fourplex just minutes away from UTRGV and main business centers off University Drive in North Edinburg. This stablished community has mature trees and high occupancy year round. Current rents in the area are higher at $725 and $790, so excellent investment if looking to increase your rents. Tenants pay their water and light, only expenses are grass trim and trash bin, common area light meter. Take advantage of this low expense/low maintenance property already 100% occupied! Send an offer, spacious units all tile floors, with front and back entrances, private patios, built-in desks, large kitchen with plenty of counters. Seller has 2 more buildings available! Buy in bulk or use FHA or conventional. All units occupied. Showings only at tenants convenience, with a pre-qualified letter.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,753
Year Built
- Built in 2004
Lot Details
- 0.3 Acre Lot
- Privacy Fence
- Mature Trees
Parking
- 8 Carport Spaces
Home Design
- Quadruplex
- Slab Foundation
- Composition Shingle Roof
- Wood Siding
Interior Spaces
- Walk-In Closet
- 3,808 Sq Ft Home
- 1-Story Property
- Built-In Features
- High Ceiling
- Tile Flooring
- Fire and Smoke Detector
- Electric Cooktop
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Slab Porch or Patio
Schools
- De La Vina Elementary School
- B.L. Gray Junior High
- Edinburg North High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number L626901000002400
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
- Los Molinos Subdivision
Building Details
- Insurance Expense $2,160
- Maintenance Expense $1,080
- Gross Income $32,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 23, 2021
Closed on
Dec 22, 2021
Sold by
Vallejo Manzur Jose F and Perkins Cobos Yolanda
Bought by
Macayas Group Llc
Seller's Agent
Irene Uribe
Texas Landmark Realty Llc
Buyer's Agent
Myssie Cardenas-Barajas
Marcus Phipps Real Estate Llc
List Price
$345,000
Sold Price
$295,000
Premium/Discount to List
-$50,000
-14.49%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%
Original Mortgage
$236,000
Outstanding Balance
$191,450
Interest Rate
2.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$204,029
Purchase Details
Closed on
Mar 16, 2015
Sold by
Victoria Carlos Clarito and Victoria Carlos Maria
Bought by
Vallejo Manzur Jose F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
3.73%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 24, 2005
Sold by
Fabela Raul and Fabela Sandra
Bought by
Victoria Carlos Clarito and Victoria Carlos Maria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
5.71%
Mortgage Type
Commercial
Similar Home in Edinburg, TX
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | Edwards Abstract And Ttl Co | |
| Vendors Lien | -- | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $236,000 | Purchase Money Mortgage | |
| Previous Owner | $172,500 | Commercial | |
| Previous Owner | $198,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/27/2025 07/27/25 | Price Changed | $368,000 | -1.1% | $97 / Sq Ft |
| 05/15/2025 05/15/25 | Price Changed | $372,000 | -2.1% | $98 / Sq Ft |
| 03/01/2025 03/01/25 | For Sale | $380,000 | +26.7% | $100 / Sq Ft |
| 12/22/2021 12/22/21 | Sold | -- | -- | -- |
| 10/26/2021 10/26/21 | Pending | -- | -- | -- |
| 10/19/2021 10/19/21 | Price Changed | $300,000 | -13.0% | $79 / Sq Ft |
| 07/23/2021 07/23/21 | For Sale | $345,000 | -- | $91 / Sq Ft |
Source: Greater McAllen Association of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $8,420 | $350,640 | $81,144 | $269,496 |
| 2023 | $7,918 | $330,000 | $81,144 | $248,856 |
| 2022 | $8,479 | $325,627 | $81,144 | $244,483 |
| 2021 | $5,911 | $218,313 | $99,820 | $118,493 |
| 2020 | $5,761 | $211,749 | $99,820 | $111,929 |
| 2019 | $5,737 | $206,584 | $99,820 | $106,764 |
| 2018 | $6,279 | $225,519 | $99,820 | $125,699 |
| 2017 | $6,465 | $231,369 | $107,226 | $124,143 |
| 2016 | $5,359 | $191,787 | $71,484 | $120,303 |
| 2015 | $5,219 | $192,476 | $71,484 | $120,992 |
| 2014 | $5,219 | $186,730 | $64,400 | $122,330 |
Source: Public Records
Agents Affiliated with this Home
-
Myssie Cardenas-Barajas
Seller's Agent in 2025
Myssie Cardenas-Barajas
Marcus Phipps Real Estate Llc
(956) 802-0217
57 Total Sales
-
Irene Uribe
Seller's Agent in 2021
Irene Uribe
Texas Landmark Realty Llc
(956) 492-5638
142 Total Sales
Map
Source: Greater McAllen Association of REALTORS®
MLS Number: 361020
APN: L6269-01-000-0024-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater McAllen Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed.
Copyright 2025 Greater McAllen Association of Realtors. All rights reserved.
Nearby Homes
- 506 N McColl Rd
- 607 Jade St
- 700 N Alexandrite Ave
- 704 N Alexandrite Ave
- 708 N Alexandrite Ave
- 2307 Kimberly Ln
- 2305 Kimberly Ln Unit 2
- 2305 Kimberly Ln
- 712 Agate St
- 3004 W Kenwood St
- 305 Laramie Dr
- 608 N Onyx Ave
- 604 N Onyx Ave
- 701 N Onyx Ave
- 402 N Alexandrite Ave
- 504 N Alexandrite Ave
- 609 N Alexandrite Ave
- 709 N Emerald Ave
- 500 N Emerald Ave
- 705 N Emerald Ave